Latest Car News in India

Tuesday, September 20, 2011

Renault plans big for India

It has been just about five months since Renault stepped into the Indian market. It launched just one car at the time. It was its premium segment sedan Renault Fluence. Now, the company seems satisfied with the sales figures of Fluence and it has shown confidence in achieving its annual sales target by next month's end. 700 units of Renault Fluence had been sold till August end. The company has also launched another car in the Indian market. It's the premium class SUV Koleos, which is priced at Rs. 24.10 Lacs.

According to a company's official, Renault is planning to launch a hatchback by March next year. Then, the much awaited car Duster will be launched, during the second half of 2012. Renaulta will launch three cars in 2012, with the third one coming out by the last months of next year.

The company is now developing its new cars in India. Nissan's V-Platform might be used by Renault, for the development of new cars in India. Renault has set a target of selling 100,000 cars by the end of the year 2013. The automobile company is also working on increasing its dealerships across the country, from 14 at present to 40 by the end of this year.

Renault had earlier announced that it would launch its SUV Koleos in October. But then the company preponed it and launched it in September. Though, according to the company, it was not part of a strategy.

The company is keen on increasing the volume of sales of its cars. It is trying to cash up every opportunity coming its way. It is also promoting its brand at the first ever Indian Grand Prix. The company believes that it would have to build its brand value before its rolls out new cars next year.